What is REVV? REVV is the cryptocurrency that powers REVV Motorsport, a blockchain gaming platform with racing games. In this article, you can find answers to questions that investors wonder, such as what is REVV, what it offers, how to buy REVV coin and what it does. As Kriptokoin.com, we did the research for you.
What is REVV?
REVV is a cryptocurrency that works as a service and reward token in racing games at REVV Motorsport. It is basically an ERC-20 token built on the Ethereum Blockchain. The token was developed by Animoca Brands, a popular blockchain and gaming firm. Animoca Brands hosts a variety of games and decentralized applications (dApps). REVV is purchased by users to be used in this company’s dApps for various purposes. However, the biggest use cases of REVV come across at REVV Motorsport.
What is REVV Motorsport?
REVV Motorsport is a Blockchain platform that hosts play-to-win (P2E) racing games. On this platform, users can customize their in-game racers and vehicles with items such as NFTs. The platform currently has 3 different games. These games include Formula E: High Voltage, where you’re the manager of a Formula E team, REVV Racing, where you race your own car throughout the week, and MotoGP Ignition, where you collect and trade cards. Users can earn REVV and NFT by playing these games.
What does REVV coin do?
REVV is an ERC-20 token that runs on top of Ethereum, the most popular altcoin project in the field, so it’s highly accessible. The token acts as a reward token in racing games with Formula license from REVV Motorsport. For example, you entered a race and were among 1,000 winners. In return, the platform rewards you with REVV or NFT. NFTs in the game can also be traded with REVV. For example, in MotoGP Ignition you need to acquire or purchase NFT to build a deck.
REVV appears as a payment method in NFT buying and selling transactions. In addition, cryptocurrency stands out as a stakeable Blockchain asset. Accordingly, REVV holders can lock their tokens into smart contracts with a certain maturity. Those who do so earn additional REVV rewards at maturity.
What is REVV? How to take
There are several options for users to purchase REVV. First, you can follow the steps in the buy section of ReVV Motorsport’s website. Second, you can buy the token through an exchange. If you want to buy REVV through the exchange, you must first be a member of crypto exchanges such as Bitget, MEXC, OKX and BingX. After that, you must verify your account and deposit an asset in your wallet that matches REVV parities. So you can place a buy order for the token.
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